NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Solvre, Inc. (SOLVRERES)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Solvre, Inc. (SOLVRERES) that it shall cease its membership in the WESM as Direct Member – Retail Electricity Supplier.

 

IEMOP has confirmed the cessation of Solvre, Inc. (SOLVRERES)  WESM membership to be effective on 5 May 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

13 April 2022, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Ortigas & Company Limited Partnership (OCLP05R) with SIN 1000193900102

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Ortigas & Company Limited Partnership (OCLP05R) with Service ID Number 1000193900102 notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

 

IEMOP has confirmed the cessation of Ortigas & Company Limited Partnership’s WESM membership to be effective on 7 May 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

13 April 2022, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

 

 

Summary of Unpaid Energy Settlement Amounts

                                                                                         As of March 31, 2022

Market Participant Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) Luzon  (240,581,462.89) Default
PANAY ELECTRIC COMPANY, INC. (PECO) Visayas  (20,844,735.93) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) Luzon  (870,177.90) Default
SOLAR PHILIPPINES RETAIL ELECTRICITY INC. (SPREIRES) Luzon  (906,829.70) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) Visayas  (212.12) Default
ASEAGAS CORPORATION (ASEAGAS_FIT) Luzon  (16.95) Default
BALAMBAN ENERZONE CORPORATION (BEZ) Visayas  (160.22) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) Luzon  (2,981,978.00) Default
CENTRAL AZUCARERA DE TARLAC (CAT) Luzon  (35.48) Default
CLEANGREEN ENERGY CORPORATION (CEC) Luzon  (422.99) Default
COSMO SOLAR ENERGY, INC. (CSEI) Visayas  (56,451.96) Default
ECOZONE POWER MANAGEMENT, INC. (EPMIRES) Luzon  (13,558.53) Default
FIRST SOLEQ ENERGY CORP. (FSOLEQ_FIT) Luzon  (134.99) Default
FIRST TOLEDO SOLAR ENERGY CORP. (FTOLEDO) Visayas  (329,568.91) Default
GREEN FUTURE INNOVATIONS, INC. – FIT (GFII_FIT) Luzon  (2,688,597.60) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT) Luzon  (1.14) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT_FIT) Luzon  (168,884.83) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT2) (GIFT2) Luzon  (17.59) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT2_FIT) (GIFT2_FIT) Luzon  (213,842.28) Default
GIGA ACE 4, INC. (GIGAACE4) Luzon  (2,284,898.79) Default
GIGASOL3, INC. (GIGASOL3) Luzon  (141.51) Default
HEDCOR, INC. (HEDCOR) Luzon  (5.63) Default
HEDCOR, INC. (HEDCORBA) (HEDCORBA) Luzon  (5.89) Default
HEDCOR, INC. (HEDCORHE_FIT) Luzon  (1.27) Default
HELIOS SOLAR ENERGY CORP. (HELIOS) Visayas  (2.06) Default
HELIOS SOLAR ENERGY CORP. (HELIOS_FIT) Luzon  (465.19) Default
ISABEL ANCILLARY SERVICES CO. LTD (IASCO) Visayas  (17,332.88) Default
ISABELA BIOMASS ENERGY CORPORATION (IBEC_FIT) Luzon  (19.57) Default
ISABELA LA SUERTE RICE MILL CORPORATION (ILSRMC) Luzon  (22,143.02) Default
BOHOL I ELECTRIC COOPERATIVE, INC. – JANOPOL MINI HYDRO POWER COPORATION (JANOPOL) Visayas  (21.70) Default
LIMA ENERZONE CORPORATION (LEZ) Luzon  (78,600.56) Default
MIRAE ASIA ENERGY CORPORATION (MAEC_FIT) Luzon  (112.73) Default
MALVAR ENERZONE CORPORATION (MALVEZ) Luzon  (13,578.23) Default
MAJESTICS ENERGY CORPORATION (MEC) Luzon  (819.87) Default
NEXT GENERATION POWER TECHNOLOGY CORP. (NEXTGEN) Luzon  (11,246.46) Default
NEGROS ISLAND SOLAR POWER INC. (NISPI) Visayas  (286.81) Default
NEGROS ISLAND SOLAR POWER INC. (NISPI2) Visayas  (263.51) Default
NORTH LUZON RENEWABLE ENERGY CORPORATION (NLREC_FIT) Luzon  (824.87) Default
NORTHWIND POWER DEVELOPMENT CORPORATION (NORTHWIND_FIT) Luzon  (262,547.55) Default
NORTHWIND POWER DEVELOPMENT CORPORATION (NWPDC_FIT) Luzon  (164,716.83) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) Luzon  (31.80) Default
PETROSOLAR CORPORATION (PETSOL) Luzon  (8.80) Default
PHILIPPINE PHOSPHATE FERTILIZER CORPORATION (PHILPHOS) Visayas  (2.74) Default
SAN CARLOS SOLAR ENERGY INC. (SACASOL_FIT) Luzon  (427.17) Default
SAN CARLOS SOLAR ENERGY INC. (SACASOLCD_FIT) Luzon  (367.62) Default
SAN CARLOS SUN POWER INC. (SACASUN) Visayas  (160.52) Default
SAMAR II ELECTRIC COOPERATIVE, INC. (SAMELCO2) Visayas  (19,068.81) Default
SAN CARLOS BIOENERGY, INC. (SCBI) Visayas  (1.37) Default
SILAY SOLAR POWER, INC. (SILAYSPI) Visayas  (162,897.04) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL) Luzon  (2.10) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL_FIT) Luzon  (555.49) Default
STA. CLARA POWER CORPORATION (STACLARA) Visayas  (32,097.18) Default
LABAYAT I HYDROPOWER (UPLAB1) Luzon  (34,964.84) Default
UNIVERSAL ROBINA CORPORATION (URC_FIT) Luzon  (269,889.94) Default
VISAYAN ELECTRIC COMPANY (VECO) Visayas  (421,674.43) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) Visayas  (21,618.81) Default
TOTAL  (273,478,893.60)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – DRAGON ASIA ROLLING MILL, INC. (DARM01R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Dragon Asia Rolling Mill, Inc. (DARM01R) notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

 

IEMOP has confirmed the cessation of Dragon Asia Rolling Mill, Inc. (DARM01R) WESM membership to be effective on 29 April 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

         04 April 2022, Pasig City, Philippines.

 

 

 

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of March 25, 2022

Market Participant Region Amount Remarks
Abra Electric Cooperative, Inc. (ABRECO) Luzon     (240,671,128.30) Default
Panay Electric Company, Inc. (PECO) Visayas       (20,844,735.93) Default
Solar Philippines Tarlac Corporation (SOLARPHTC) Luzon          (870,177.90) Default
Solar Philippines Retail Electricity Inc. (SPREIRES) Luzon     (906,829.70) Default
AC Energy Corporation (formerly AC Energy Philippines, Inc.) (ACEPHRES) Luzon       (13,002,786.31) Default, payment to be cleared 03.28.2022
Amlan Hydroelectric Power Corporation (AmlanHPC) Visayas             (212.12) Default
ASEAGAS Corporation (ASEAGAS_FIT) Luzon     (16.95) Default
Balamban Enerzone Corporation (BEZ) Visayas     (160.22) Default
Bohol Light Company, Inc. (BLCI) Visayas           (3,863,359.78) Default
Central Azucarera Don Pedro, Inc. (CADPI) Luzon            (4,429,111.32) Default
Camarines Sur III Electric Cooperative, Inc. (CASURECO3) Luzon          (15,550,393.05) Default, payment to be cleared 03.28.2022
Central Azucarera de Tarlac (CAT) Luzon             (35.48) Default
CAGAYAN BIOMASS ENERGY CORPORATION (CBEC) Luzon       (24.68) Default
Cebu Energy Development Corporation (CEBUEDC) Visayas           (646.01) Default
CLEANGREEN ENERGY CORPORATION (CEC) Luzon             (422.99) Default
Cosmo Solar Energy, Inc. (CSEI) Visayas (56,451.96) Default
Ecozone Power Management, Inc. (EPMIRES) Luzon (7,365,893.89) Default, partial payment to be cleared 03.28.2022
First Soleq Energy Corp. (FSOLEQ_FIT) Luzon     (134.99) Default
First Toledo Solar Energy Corp.(FTOLEDO) Visayas (329,568.91) Default
Green Future Innovations, Inc. (GFII_FIT) Luzon (4,508,626.86) Default
Green Innovations for Tomorrow Corporation (GIFT) Luzon (1.14) Default
Green Innovations for Tomorrow Corporation (GIFT_FIT) Luzon (168,884.83) Default
Green Innovations for Tomorrow Corporation (GIFT2) Luzon (17.59) Default
Green Innovations for Tomorrow Corporation (GIFT2_FIT) Luzon     (213,842.28) Default
GIGA ACE 4, INC. (GIGAACE4) Luzon (10,250,050.23) Default
GIGASOL3, INC. (GIGASOL3) Luzon (269,649.66) Default
HEDCOR, Inc. (HEDCOR) Luzon (5.63) Default
HEDCOR, Inc. (HEDCORBA) Luzon     (5.89) Default
HEDCOR, Inc. (HEDCORHE_FIT) Luzon     (1.27) Default
Helios Solar Energy Corporation (HELIOS) Luzon     (2.06) Default
Helios Solar Energy Corporation (HELIOS_FIT) Luzon     (465.19) Default
Hypergreen Energy Corporation (HGEC) Luzon (105.19) Default
Hawaiian-Philippine Company (HPCO) Visayas     (588,433.70) Default
ISABEL ANCILLARY SERVICES CO. LTD (IASCO) Visayas (17,332.88) Default
Isabela Biomass Energy Corporation (IBEC_FIT) Luzon (19.57) Default
Isabela La Suerte Rice Mill Corporation (ILSRMC) Luzon (22,143.02) Default
Bohol I Electric Cooperative, Inc. – Janopol Mini Hydro Power Coporation (JANOPOL) Visayas (21.74) Default
Kratos RES, Inc. (KRATOSRES) Luzon (1,019,142.13) Default
Leyte IV Electric Cooperative, Inc. (LEYECO4) Visayas (26,102.47) Default, payment to be cleared 03.28.2022
Lima Enerzone Corporation (LEZ) Luzon (78,600.56) Default
Mirae Asia Energy Corporation (MAEC_FIT) Luzon (112.73) Default
MALVAR ENERZONE CORPORATION (MALVEZ) Luzon (13,578.23) Default
Majestics Energy Corporation (MEC) Luzon (819.87) Default
Marcela Farms Incorporated (MFI) Visayas (55.40) Default
Maibarara Geothermal, Inc. (MGI) Luzon (1,773,225.33) Default, payment to be cleared 03.28.2022
Nueva Ecija 1 Electric Cooperative, Inc. (NEECO1) Luzon (31,460.93) Default, payment to be cleared 03.28.2022
Next Generation Power Technology Corp. (NEXTGEN) Luzon (11,246.46) Default
Negros Island Solar Power Inc. (NISPI) Visayas (286.81) Default
Negros Island Solar Power Inc. (NISPI2) Visayas (263.51) Default
North Luzon Renewable Energy Corporation (NLREC_FIT) Luzon (824.87) Default
NORTHWIND POWER DEVELOPMENT CORPORATION Luzon (262,547.55) Default
Northern Renewables Generation Corporation (NR) Luzon (19.87) Default, payment to be cleared 03.28.2022
Northern Renewables Generation Corporation (NR_FIT) Luzon (372,355.16) Default, payment to be cleared 03.28.2022
Northwind Power Development Corporation (NWPDC) Luzon (164,716.83) Default
Pangasinan III Electric Cooperative, Inc. (PANELCO3) Luzon (30,182,062.42) Default, payment to be cleared 03.28.2022
People’s Energy Services, Inc. (PESI) Luzon (31.80) Default
PETROSOLAR CORPORATION (PETSOL) Luzon (8.80) Default
PHINMA ENERGY CORPORATION (PHEN) Visayas (130,490,861.71) Default
Philippine Phosphate Fertilizer Corporation (PHILPHOS) Visayas (2.74) Default
San Carlos Solar Energy Inc. (SACASOL) Luzon     (427.17) Default
San Carlos Solar Energy Inc. (SACASOLCD_FIT) Luzon (367.62) Default
San Carlos Sun Power Inc. (SACASUN) Visayas     (160.52) Default
Samar II Electric Cooperative, Inc. (SAMELCO2) Visayas (40,065.05) Default, partial payment to be cleared 03.28.2022
San Carlos Bioenergy, Inc. (SCBI) Visayas (1.37) Default
Silay Solar Power, Inc. (SILAYSPI) Visayas     (162,897.04) Default
South Luzon Thermal Energy Corporation (SLTEC) Luzon (916,235,600.46) Default, partial payment to be cleared 03.28.2022
SOLARACE1 ENERGY CORP. (SOLARACE1) Luzon (201.57) Default
Solar Philippines Calatagan Corporation (SOLARPHIL) Luzon (2.10) Default
Solar Philippines Calatagan Corporation (SOLARPHIL_FIT) Luzon     (555.49) Default
Specialty Pulp Manufacturing, Inc. (SPMI) Visayas (2,563.00) Default
Sta. Clara Power Corporation (STACLARA) Visayas (32,097.18) Default
Sunwest Water and Electric Company 2, Inc. (SUWECO2) Luzon (2.11) Default
PHINMA ENERGY CORPORATION (TAORES) Luzon (3,009.17) Default
LABAYAT 1 HYDROPOWER CORPORATION (UPLAB1) Luzon (34,964.84) Default
Universal Robina Corporation (URC) Luzon (269,889.94) Default
Visayan Electric Company (VECO) Visayas (421,674.43) Default
Victorias Milling Company, Inc. (VMC) Visayas (1,619.76) Default, payment to be cleared 03.28.2022
Waterfront Mactan Casino and Hotel, Inc (WAHCRES) Luzon (21,618.81) Default
TOTAL:  (1,405,587,743.03)

 

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – SHOPPERS PARADISE REALTY & DEVELOPMENT CORPORATION (NOVA MALL) (SPRDC1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Shoppers Paradise Realty & Development Corporation (Nova Mall) (SPRDC1R) notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

 

IEMOP has confirmed the cessation of Shoppers Paradise Realty & Development Corporation’s (Nova Mall) WESM membership to be effective on 09 April 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

         22 March 2022, Pasig City, Philippines.

 

 

 

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – TWIN OAKS FOODS CORPORATION (TWOAK1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Twin Oaks Foods Corporation (TWOAK1R) notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

 

IEMOP has confirmed the cessation of Twin Oaks Foods Corporation’s WESM membership to be effective on 26 March 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

         09 March 2022, Pasig City, Philippines.

 

 

 

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of February 28, 2022

Market Participant Region Amount Remarks
Abra Electric Cooperative, Inc. (ABRECO) Luzon      (251,895,304.70) Default
Panay Electric Company, Inc. (PECO) Visayas        (20,805,697.42) Default
Solar Philippines Tarlac Corporation (SOLARPHTC) Luzon            (477,444.31) Default
Solar Philippines Retail Electricity Inc. (SPREIRES) Luzon            (751,982.53) Default
AC Energy Corporation (formerly AC Energy Philippines, Inc.) (ACEPHRES) Luzon            (159,224.33) Default
Asia Pacific Energy Corporation (APEC) Luzon                  (878.21) Default
Belgrove Power Corporation (BPC) Luzon         (3,047,308.36) Default, payment to be cleared 03.01.2022
Bataan Solar Energy Inc. (BSEI) Luzon              (14,373.00) Default
Bataan 2020, Inc. (BTN2020_FIT) Luzon                   (11.19) Default
Central Azucarera Don Pedro, Inc. (CADPI) Luzon         (3,572,308.85) Default, payment to be cleared 03.01.2022
Camarines Sur II Electric Cooperative, Inc. (CASURECO2) Luzon        (20,003,143.69) Default
Central Azucarera de Tarlac (CAT) Luzon                   (25.52) Default
CLEANGREEN ENERGY CORPORATION (CEC) Luzon            (301,488.94) Default, payment to be cleared 03.01.2022
EDC Burgos Wind Power Corporation (EBWPC_FIT) Luzon                     (7.08) Default
Ecozone Power Management, Inc. (EPMIRES) Luzon         (9,279,888.33) Default
FIRST SOLEQ ENERGY CORP. (FSOLEQ_FIT) Luzon                  (102.68) Default
Green Future Innovations, Inc. (GFII_FIT) Luzon         (1,833,130.60) Default
Green Innovations for Tomorrow Corporation (GIFT_FIT) Luzon            (389,461.83) Default
Green Innovations for Tomorrow Corporation (GIFT2) Luzon                   (29.37) Default
Green Innovations for Tomorrow Corporation (GIFT2_FIT) Luzon            (200,957.59) Default
GIGA ACE 4, INC. (GIGAACE4) Luzon         (4,370,187.81) Default
GIGASOL3, INC. (GIGASOL3) Luzon            (328,538.01) Default
Helios Solar Energy Corporation (HELIOS_FIT) Luzon                  (357.43) Default
Isabela Biomass Energy Corporation (IBEC_FIT) Luzon                   (19.57) Default
Isabela La Suerte Rice Mill Corporation (ILSRMC) Luzon               (8,265.05) Default
Ilocos Norte Electric Cooperative, Inc. (INEC) Luzon         (8,564,887.04) Default
INGRID POWER HOLDINGS, INC. (IPHI1) Luzon         (1,521,438.09) Default
Lima Enerzone Corporation (LEZ) Luzon                  (432.23) Default
Mirae Asia Energy Corporation (MAEC_FIT) Luzon                   (84.09) Default
MALVAR ENERZONE CORPORATION (MALVEZ) Luzon              (12,807.39) Default
Manta Energy, Inc. (MANTARES) Luzon        (28,630,174.63) Default
Majestics Energy Corporation (MEC) Luzon            (444,354.45) Default
MABUHAY ENERGY CORPORATION  (MECORES) Luzon        (28,137,756.69) Default
Monte Solar Energy, Inc. (MONTESOL_FIT) Luzon              (80,921.19) Default
Next Generation Power Technology Corp. (NEXTGEN) Luzon         (1,124,853.68) Default
North Luzon Renewable Energy Corporation (NLREC_FIT) Luzon            (407,517.13) Default
Northwind Power Development Corporation (NORTHWIND_FIT) Luzon            (295,147.18) Default
Northern Renewables Generation Corporation (NR) Luzon                     (5.34) Default
Northern Renewables Generation Corporation (NR_FIT) Luzon                  (123.46) Default
Northwind Power Development Corporation (NWPDC_FIT) Luzon            (172,569.64) Default
Panasia Energy, Inc. (PANASIA) Luzon               (3,894.64) Default
Pangasinan III Electric Cooperative, Inc. (PANELCO3) Luzon              (18,083.18) Default
People’s Energy Services, Inc. (PESI) Luzon                  (232.53) Default
Philippine Phosphate Fertilizer Corporation (PHILPHOS) Visayas                     (2.74) Default
Power Sector Assets & Liabilities Management Corporation (PSALM) Luzon        (67,208,059.76) Default
PetroWind Energy Inc. (PWEI_FIT) Luzon                   (94.86) Default
 Republic Cement & Building Materials, Inc. (RCBMI) Luzon               (2,146.67) Default
San Carlos Solar Energy Inc. (SACASOL_FIT) Luzon            (220,219.98) Default
San Carlos Solar Energy Inc. (SACASOLCD_FIT) Luzon            (196,699.32) Default
SOLARACE1 ENERGY CORP. (SOLARACE1) Luzon            (474,215.19) Default
Solar Philippines Calatagan Corporation (SOLARPHIL) Luzon                     (1.53) Default
Solar Philippines Calatagan Corporation (SOLARPHIL_FIT) Luzon            (304,974.42) Default
PHINMA ENERGY CORPORATION (TAORES) Luzon               (1,785.09) Default
Trans-Asia Renewable Energy Corporation (TAREC_FIT) Luzon                  (277.64) Default
Therma Luzon, Inc. (TLI) Luzon        (11,822,144.50) Default, payment to be cleared 03.01.2022
United Pulp and Paper Company, Inc. (UPPCGEN) Luzon               (4,232.00) Default
Universal Robina Corporation (URC_FIT) Luzon              (48,195.20) Default
Waterfront Mactan Casino and Hotel, Inc (WAHCRES) Visayas               (8,270.09) Default
TOTAL    (467,146,737.97)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – ECOSYSTEM RESEARCH AND DEVELOPMENT BUREAU

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Ecosystem Research and Development Bureau (ERDB) has notified IEMOP through its Direct Member counterparty, Therma Luzon, Inc. on 26 January 2022 that it shall cease its membership in the WESM as Indirect WESM Member – Directly Connected Customer Category .

IEMOP has confirmed the cessation of the Ecosystem Research and Development Bureau’s WESM membership to be effective on 11 March 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

18 February 2022, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – BATANGAS CITY WATER DISTRICT

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Batangas City Water District (BCWD) has notified IEMOP through its Direct Member counterparty, Therma Luzon, Inc. on 26 January 2022 that it shall cease its membership in the WESM as Indirect WESM Member – Directly Connected Customer Category .

IEMOP has confirmed the cessation of the Batangas City Water District ’s WESM membership to be effective upon the successful switch of Prime Water Infrastructure Corporation (PWIC) covering relevant metering facilities.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

17 February 2022, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES